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Don't take years for revocation, it is fast.
IMO spending all day badgering the TA, then not getting the answer wanted, now it's the TA who shouldn't be believed as a subject matter expert. Why in the world would the transfer agency lie ?
This kind of nonsense is why household name, NYSE blue chip companies gag their transfer agencies as the SEC guidance for Financial Disclosure is information is available in public information SEC reports available to all. Info should only be available to all.
The Company has never had a scintilla of an issue on any of its financial statements or share disclosures .
Broad brush is not facts nor has anything to do with DBMM. Shareholders are not stupid.
Absolutely false
The TA said he had no way of knowing if NSS existed. The NSS grifters are smarter than the convoluted machinations to say there are none.
The extraordinary efforts to prove a negative just let the regulators do their job. Guesswork rarely accurate, and rarely even lucky.
Counterfeit or phantom shares surface when? Not necessarily deposited with a broker, private sales or a myriad of different cons.
Lol. This is the OTC. Do you how many times Ive seen companies issue more shares than are allowed. The OTC, where half of the TAs are corrupt. Sheesh even this company's TA has been caught in dirty dealings! So why believe even the reports of those who called. Can the TA even be trusted to give an honest answer? This is the garbage exchange. Anything can happen and usually does.
Why would the sum of all shares (counterfeit or not) NOT count as part of the OS?
The FACT is... the TA sums up all brokerage account holdings... so counterfeit, or not... they WOULD BE counted as part of the OS!
So again... if the TA's OS count is greater than the official OS... counterfeit shares are present! Is this subject to debate?
Yet the TA says there aren't any counterfeit shares!
Yes, the NSS narrative has been exposed as false...
.
To answer both of our questions:
I don’t consider counterfeit shares part of the os and the OS can’t be higher than the AS.
This is basic stuff
The YES is in capitals and bold!
There is NOTHING vague or confusing in my response...
.
That sounds more like a maybe to me. Can you answer it yes or no?
If a counterfeit share actually existed... and it appeared in a brokerage account... YES it would counted as part of the OS!
When will my question be answered?
.
Do you consider counterfeit shares part of the OS? YES or NO?
That has nothing to do with anything being discussed!
Would the TA know if the OS is greater than that AS... YES or NO?
.
FACT: The correlation of the OS to the AS has nothing to do with anything, and certainly not with NSS.
Nothing. DBMM AS has been the same since 2016. That info is audited and included in the 10ks and 10Qs.
Facts are facts.
FACT: Any TA can identify if the OS is greater than the AS on a thinly traded stock they represent!
FULL STOP!
Everything else is nonsense in that argument!
This has NOTHING to do with counterfeit money or bearer bonds...
Anyone can call a TA and ask if they would know if the OS is greater than the AS for a stock for the last several years.
The DBMM NSS lie has been proven false!
Period... END OF STORY...
.
The options are slim now ,the heat is on ,like jump out of the frying pan into the fire!!
Courage is king!!
And I am a portfolio investor and the fallacious nonsense that if it was so easy-pesey to spot NSS, then instructions for TA compliance would include that every day a reconciliation must be made for each Company. There is no such instruction and the shenanigans DOJ and SEC is trying to ferret out would be a walk in the park.
Also, think about why bearer bonds are no longer allowed in US ‘takers, yet they are allowed outside of US?
Also counterfeiters of money, can print billions and it is not until they are passed into general circulation.
IMO, Leave legal speculation to attorneys, leave financial speculation to credentialed experts. Everything else is opinion until tangible facts are evidenced by subject matter experts, like a TA in the matter of fiduciary responsibilities.
Lastly, glad you agree as I have been saying whenever subject has come up: the only authority to issue shares , delegated by the issuer and regulator approved, is the Transfer Agency. No one else has the authority but a bonified Transfer Agency.
If it was that easy most or all naked shorters would be in jail today .
But we know that is not the case.
The question has nothing to do with the issue of NSS.
Your Question for TA: "Would you know if DBMM's OS has exceeded their AS for several years?"
The OS is “x”, a number less than the “AS.”
Authorized shares have nothing to do with OS, except to remain within stated AS. For DBMM the AS was last increased in Mar ,2016.
The OS :AS is not only irrelevant in the NSS TA facts in facts, the argument stated is totally circular.
Repeat: The TA has no way of knowing if NSS exists as stated multiple times today.
So if I buy shares that someone sells naked then I cant see them in my account? Of course I can. But I dont know theyre fake.
The TA does the same thing. They count up all the shared bot and sold and if there is an imbalance compared to the OS then theres a problem.
This is almost as funny as when the claim was made that TAs dont issue shares.
Heres some reading, but I think some of this has been read already as it bears close resemalence to some posts here.
https://www.google.com/search?ie=UTF-8&client=ms-android-rogers-ca-revc&source=android-browser&q=what+do+tansfer+agents+do
Who should we blame that they don't have a way to track our naked shorters , should shareholders blame themselves.
We will live it out for the see drop, see ya on the other side.
Exactly, they track shares. And if at the end of the day things dont add up they know something is amiss.
No one ever said that they know which shares are valid and which are fabricated. Would you know if your account bot fabricated shares? Of course not. But when all accounts settle and theres a incorrect balance then they know something is up and they report it.
Ive been doing this since I was 16. Ive seen everything and resesrched even more. Just get over it already.
Again... THAT HAS ABSOLUTELY NOTHING TO DO WITH THE QUESTION!
Question for TA: "Would you know if DBMM's OS has exceeded their AS for several years?"
Does it require knowledge of hidden shares? No
Does it require knowledge of counterfeit shares? No
Does it require knowledge of phantom shares? No
All it requires just summing up the DBMM shares held in all brokerage accounts and comparing it to the AS! Because if "hidden, counterfeit, phantom" shares are present in accounts, the OS will be higher than the AS! Duh!
I have spoken with multiple TA's that are TA's for thinly traded OTC stocks... and EVERY ONE OF THEM COULD ANSWER THE QUESTION!
Madison can as well if asked the correct question!
And the answer will PROVE that there is no NSS position in DBMM!
.
The question cannot be posed in any way to suggest the TA has some way to see hidden, counterfeit, phantom (that word is a hint!) to know NSS exist.
As attorneys say, “asked and answered.”
NSS is illegal and the TA has no way of knowing .
Fact is fact.
Lolll I remember that 100 percent thing about dbmm and how it will never hit a penny. Ohhh I can't stop laughing
That argument is baseless and again a strawman argument!
The timeframe of 5 years is arbitrary... one can use one year... three years... whatever! The point is A LONG TIME!
"A TA keeps a public company’s records , none of which has anything to do with illegal activities."
No one is talking about illegal activities! Geesh!
How about this simple question for the TA then:
"Would you know if DBMM's OS has exceeded their AS for several years?"
Does that pass the mustard?
.
Very illegal I hope the all go to jail and the people thet enploy to spread fake news and perception. Dbmm long
"NSS is illegal : Naked short selling was prohibited by the Securities and Exchange Commission (SEC) in the United States following the 2008 Global Financial Crisis."
Yep and I will do my part on Social Media when that happens. Dbmm longg
Actual facts and common sense suggest the question posed is impossible on the face.
Your question - "If there was a large naked short position in DBMM for the last 5 years... would you know?"
A TA keeps a public company’s records , none of which has anything to do with illegal activities. And certainly not within a time frame!! That is an illogical impossibility.
The TA has said he has no way of knowing if NSS exist. Base case: NSS are illegal, and logically hidden or nefarious in many different ways.
Now in order to control a false narrative an impossible question is ordered to revise the facts?
The question has been asked and answered by several people, resulting in : NSS is illegal and TA has no way of knowing whether illegal activities are taking or ever took place behind closed doors by crooks.
Nice activity here today, feels like we are very close for form 211 being granted and CE TAKEN OFF!
If one is 100% sure of their investment, they don't need anyone else's approval.
It's 100% guaranteed money, all we have to do is tell the strawman to relax, no sights of a fire yet.
Until the CE drops.
Just watching wizard of Oz.
If it was not tracked why would they answer that question, or they are not able to track.
I am loving this one, better than revocation 100% guarantee. $DBMM
And yet the SIMPLE question for the TRUTH from the TA that I said to ask goes unasked???
"If there was a large naked short position in DBMM for the last 5 years... would you know?"
The question "Does the TA have any ability to track or record naked short shares?" IS NOT UNDER CONTENTION AND IS TOTALLY MEANINGLESS!
That is a strawman argument again!
That question... IN NO WAY... addresses the issue!
Ask the wrong question... get the wrong answer!
Investors aren't dumb!
Madison Stock Transfer Inc.
Transfer Agent
2500 Coney Island Avenue
Sub Level
Brooklyn, NY 11223
718-627-4453
I did just that 5 minutes ago. And I URGE EVERYONE TO CALL THE TA!
The conversation lasted two minutes. He was very friendly and helpful.
My question was “ Does the TA have any ability to track or record naked short shares? “
Answer “ we are like a bank, that tracks funds (shares) that are reported to us legally! All naked shorting by any means is illegal and in no way traceable to the TA!”
So as suggested here and by my own DD I would 100% call to
Confirm the blatant misinformation on this board.
There is 100% zero ability of the TA to track any illegally shorted shares!!!
The CE drop will sure separate the wheat from the chaff hahahaha. $DBMM
The thing is not everyone is concerned about one person's concerns
Harvesting time is around the corner.
Just wait til the CE curtain gets pulled aside...OOPS!!!
Everyone SHOULD call the Transfer Agent If they have concerns.
There is no such thing as “harassing” the TA and no one should be worried about it.
More nonsense!
How is asking a question "harassing" the TA, exactly? That is what they are paid to do!
It should be obvious by now that the act of verifying and doing one's own DD is not the approved approach regarding DBMM...
Why is that?
Oh right... the spoon-fed NSS narrative and DD are totally FALSE!
Actual DD will expose the false narrative!
The curtain has been pulled back... the TRUTH can't be unseen!
Want the truth about the BS NSS fable?
email: msti@verizon.net
Madison Stock Transfer, Inc.
PO box 145
Brooklyn, NY 11229-0145
Tel: 718-627-4453
Number 25 on breakout board!!! Dbmm has all the attn it needs. Once the CE drop, all the noise of the last few years will settle , the shorts scurry to cover short positions far above the OS. Our shares are near priceless to those who bet against dbmm. Hold tight this will be one for the books.
Just a couple of days ago the point was made there had never been a case like this….
-Fought revocation and SEC…. No revocation
-Case ordered dismissed by sec appointed Judge Foelek awaiting OIP and final dismissal
Filed 15c-211 with Finra , sponsored by broker for removal of CE designation and return to normal US trading anyday. ( 6 months in)
All the noise and speculation about years to wait on a decision …. SEC may try the no decision policy but the CE removal was handed to the OTCM. As discussed in length yesterday The regulations for the removal of the CE were listed and nowhere does it say a pending OIP has any influence on the case whatsoever. NOT IN GUIDELINES FOR CE removal anywhere!!!
DBMM has met all requirements for removal set out by OTCM , 3-6 months to process is upon us.
Anyday could be payday!!!!
Absolutely, that looks like a strategy to hide what's coming soon : $DBMM CE (caveat emptor) Sign/Statut removal.
That point has been proven ad nauseum on this board for years. TA will never, ever know about NSS. That is a fact that will never change.
The TA doesn’t need to be harassed.
It is very clear to ALL shareholders if you know you know. Also, this information is common sense.
Realistically, no one knows. But the regulators will.
NSS are illegal.
Looks that shorties are burned ! SOON !
NSS is illegal : Naked short selling was prohibited by the Securities and Exchange Commission (SEC) in the United States following the 2008 Global Financial Crisis.
I would like to know if the 9 million naked short guy called ,and what they said as well, please post.
We had to jump through those hoops so many a times, Curt Kramer being the new CEO of $DBMM, not to mention revocation 100% guarantee.
That is why it's important to do your own DD, we have been through this road so many a times in the last 5 years .
This trip is no different from the last ones.
As compared to the other stories told, it's nothing new.
Stay cool $DBMM.
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SEC Case History:
NOTE: The FINRA Daily Short Report does NOT represent naked shorts! Boards where it is used to try to trick inexperienced investors signal a SERIOUS RED FLAG! Read FINRA's own explanation below
https://www.finra.org/investors/insights/short-interest
What Short Interest Is Not
In addition to short interest data, FINRA also publishes short sale volume data. The daily short sale volume data provides aggregated volume by security for all off-exchange short sale trades. This data excludes any trading activity that is not publicly disseminated and is not consolidated with exchange data.
Some market participants mistakenly conclude that the bimonthly short interest data is understated because the Short Sale Volume Daily File reflects volume that is much larger than the positions reported as short interest. However, short interest position data does not—and is not intended to—equate to the daily short sale volume data posted on FINRA’s website.
The short interest data is just a snapshot that reflects short positions held by brokerage firms at a specific moment in time on two discrete days each month. The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.
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